NAV audits electronic tills, fines 3,000 users
The National Tax and Customs Authority of Hungary (NAV) levied fines worth HUF 260 mln as a result of the more than 25,000 targeted audits of recently installed electronic cash registers, the authority told Hungarian news agency MTI today.
The authority encountered approximately 3,000 cases with shortfalls – 12% of the total audited, MTI reported. NAV said that, as a result of the installation of the electronic tills, the whole trade sector generated 15% more revenue, reaching HUF 55 bln in H1 y.o.y.
The new online cash register system was introduced in January and is designed to reduce tax fraud. Currently 143,048 electronic tills are connected to the online network of NAV.
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